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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
OPERATING REVENUES      
Drilling services $ 3,678,660 $ 2,746,128 $ 2,862,677
Other 67,353 10,479 9,744
Total operating revenues 3,746,013 2,756,607 2,872,421
OPERATING COSTS AND EXPENSES      
Drilling services operating expenses, excluding depreciation and amortization 2,511,408 1,624,681 1,708,599
Other operating expenses 56,019 4,483 4,477
Depreciation and amortization 625,085 397,344 382,314
Research and development 34,125 40,955 30,096
Selling, general and administrative 287,052 244,883 206,687
Acquisition transaction costs 54,702 14,982 0
Asset impairment charges 194,030 0 12,097
Restructuring charges 12,131 0 0
Gain on reimbursement of drilling equipment (33,398) (33,309) (48,173)
Other loss on sale of assets 1,541 5,139 8,016
Total operating costs and expenses 3,742,695 2,299,158 2,304,113
OPERATING INCOME 3,318 457,449 568,308
Other income (expense)      
Interest and dividend income 35,207 41,168 28,393
Interest expense (107,808) (29,093) (17,283)
Gain (loss) on investment securities (22,377) 13,953 11,299
Foreign currency exchange loss (9,682) (5,550) (6,419)
Other 27,229 3,093 9,081
Total other income (expense) (77,431) 23,571 25,071
Income (loss) before income taxes (74,113) 481,020 593,379
Income tax expense 85,835 136,855 159,279
NET INCOME (LOSS) (159,948) 344,165 434,100
Net income attributable to non-controlling interest 3,747 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO HELMERICH & PAYNE, INC. $ (163,695) $ 344,165 $ 434,100
Earnings (loss) per share attributable to Helmerich & Payne, Inc.:      
Basic (in dollars per share) $ (1.66) $ 3.43 $ 4.18
Diluted (in dollars per share) $ (1.66) $ 3.43 $ 4.16
Weighted average shares outstanding:      
Basic (in shares) 99,272 98,857 102,447
Diluted (in shares) 99,272 99,067 102,852